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Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Revenues:        
Property rental $ 113,881 $ 94,065 $ 324,144 $ 249,193
Tenant reinsurance 12,294 9,495 34,625 27,060
Management fees 6,936 6,231 19,910 19,476
Total revenues 133,111 109,791 378,679 295,729
Expenses:        
Property operations 34,376 30,115 102,275 82,723
Tenant reinsurance 2,873 1,379 6,985 4,651
Acquisition related costs 2,427 2,486 3,562 3,564
General and administrative 13,943 12,559 40,451 37,744
Depreciation and amortization 23,428 19,768 69,238 52,918
Total expenses 77,047 66,307 222,511 181,600
Income from operations 56,064 43,484 156,168 114,129
Gain on sale of real estate assets     800  
Loss on extinguishment of debt related to portfolio acquisition (9,153)   (9,153)  
Interest expense (16,264) (18,423) (51,992) (52,348)
Non-cash interest expense related to amortization of discount on equity component of exchangeable senior notes (834)   (947) (444)
Interest income 202 461 519 1,184
Interest income on note receivable from Preferred Operating Partnership unit holder 1,213 1,213 3,638 3,638
Income before equity in earnings of unconsolidated real estate ventures and income tax expense 31,228 26,735 99,033 66,159
Equity in earnings of unconsolidated real estate ventures 3,405 2,854 8,942 7,848
Equity in earnings of unconsolidated real estate ventures - gain on sale of real estate assets and purchase of joint venture partners' interests   13,620 2,556 19,049
Income tax expense (2,281) (1,656) (7,147) (4,240)
Net income 32,352 41,553 103,384 88,816
Net income allocated to Preferred Operating Partnership noncontrolling interests (2,033) (1,805) (5,495) (5,108)
Net income allocated to Operating Partnership and other noncontrolling interests (1,074) (1,142) (2,753) (2,475)
Net income attributable to common stockholders $ 29,245 $ 38,606 $ 95,136 $ 81,233
Net income per common share        
Basic (in dollars per share) $ 0.26 $ 0.37 $ 0.86 $ 0.81
Diluted (in dollars per share) $ 0.26 $ 0.37 $ 0.84 $ 0.80
Weighted average number of shares        
Basic (in shares) 111,231,452 104,252,227 111,060,997 100,429,840
Diluted (in shares) 117,604,515 108,755,316 117,483,010 104,981,176
Cash dividends paid per common share (in dollars per share) $ 0.40 $ 0.20 $ 1.05 $ 0.60